Cyprus Looks to Euro Zone for Financial Fix

The Mediterranean island nation of Cyprus has been hit hard in recent years. Now it's asking for help from euro zone nations. WSJ's Matina Stevis reports.

This transcript has been automatically generated and may not be 100% accurate.

I ... in the Tyrrhenian Eileen Nish Cypress has been hit hard over the last few years ... has looked to both Russia and a Lebanese though it hadn't seen that he did so financially afloat ... now is following in the footsteps of Greece Ireland Portugal ... asking for a bailout from your isn't nations ... Cypress leads to four years of keeping deficits from free spending government-run but Europe's last communist leader ... of her brood of public finances ... the Cypress's longstanding reputation as a transit point ... shoot the cash ... has emerged as a steep political obstacles ... in December Cyprus past more anti money laundering laws ... at first like that's what he's would be rescuers is still an open question ... for The Wall Street Journal this is midteens status ... in Cyprus ...